Bitcoin is leading a recovery. Is this a bull trap or will it result in a new uptrend? Let’s analyze the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own […]
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Major global chipmaker Nvidia, popular with cryptocurrency miners, has outstripped analysts’ expectations with its latest set of quarterly financials. Major global chipmaker Nvidia, popular with cryptocurrency miners, has outstripped analysts’ expectations with its latest set of quarterly financials. The firm’s Second Quarter Fiscal 2020, published on Aug. 16, revealed $2.58 billion in revenue at earnings […]
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On the back of its part acquisition of Xapo’s clients, the U.S. exchange identified the beginning of an adoption curve. Bitcoin (BTC) adoption by institutions has gone from a myth to fact in the past year, the CEO of major cryptocurrency exchange Coinbase has said. ‘We know the answer’ about adoption: Armstrong Speaking on Twitter […]
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Morgan Creek Capital CEO Mark Yusko dismisses daily price tracking of Bitcoin, calling the currency a “chaos hedge, or schmuck insurance.” Morgan Creek Capital CEO Mark Yusko called Bitcoin (BTC) a “chaos hedge, or schmuck insurance,” in an interview with CNBC Fast Money on Aug. 14. Yusko made the comment while explaining the folly in […]
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Bitcoin price abruptly abandoned its lower levels just hours after drifting below $10,000. Bitcoin (BTC) price regained $10,000 Aug. 15 restoring investor confidence just hours after touching a higher low of $9,500 compared to the $9,3000 dip in late July. Bitcoin price embraces five figures Data from Coin360 shows BTC/USD put in a sudden rally […]
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Almost a third of all global bonds are now trading at negative interest, representing $15 trillion or 75 times the Bitcoin market cap. According to Deutsche Bank, 27% of global bonds traded are now negative yield, so expected to pay out less than their initial cost. Negative yield bonds dwarf Bitcoin market cap This represents […]
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Even with further losses, Bitcoin is technically performing much better than in its 2015-17 bull phase, says Peter Brandt. Bitcoin (BTC) price dropped below $10,000 Aug. 15 as another day of losses sent the largest cryptocurrency back to four figures. Market visualization. Source: Coin360 Analysts shake off bearish Bitcoin signals Data from Coin360 tracked Bitcoin’s […]
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The bigtime Bitcoin bull has told mainstream media his long-term prognosis remains valid. Bitcoin (BTC) price will still hit $250,000 but its status as a safe haven asset could see investors waiting a little longer than planned, serial VC investor Tim Draper says. “People have consolidated towards Bitcoin” Speaking in an interview with Yahoo! Finance […]
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Global monetary easing will continue pushing Bitcoin price higher, analysts say. China’s recent currency devaluation seems in line with similar policies taking place across the globe. Let’s take a look why Bitcoin price is rising as a result and why investors are increasingly considering taking shelter in Bitcoin — a neutral and borderless network for […]
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Investors looking for an escape from yuan devaluation are flocking to Bitcoin as well as traditional fallbacks, says Chris Reinertsen. Bitcoin (BTC) really does function as a safe haven asset in 2019, another source has told mainstream media as the United States–China trade war rages. Bitcoin increasingly important amid economic uncertainty Speaking to Forbes in […]
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